Jump to content

Recommended Posts

'Raise your glass of cut price cava to celebrate the end of recession-before its too late.

We can talk ourselves into despond or we can at least have a bit of a celebration'. Says tonights Standard.

Lets try to be a bit more positive about the future. (ill have stella instead of cava.)

When I jacked in my last ever day job in July 2007 to start a business I remember sitting in the Drum writing my business plan, over draft maxed and relying on a special Peroni credit system I worked out with Coops.....


Then when the queues started outside Northern Rock and I wondered if it was perhaps the worst single moment in history to do such a dumb thing. But with hindsight the recession has been good for start ups - you can start slowly with lower overheads (like our 3 year office lease in EC2 at 60% below re-recession rates), less competition and the chance to target a product at a customer who's now more cost aware without it disrupting a legacy cost ridden business model. We've also been darn lucky.


The recession has been a great time to start the right kind of business and we've actually benefited from it. My simple view on the wider economy is that we've been massively cushioned by artificially low interest rates and policy dictated by an upcoming election. Bottom line is that at some point we begin to pay it all back - and that simply hasn't started yet. It has to come from increased taxation and reduced public spending. And I'm keen to know what a Tory government would do for small business - e.g. increasing capital gains tax to the main higher rate of 40% will kill any entrepreneurial green shoots unless there are concessions for business owners.


We're not out the woods yet by any means really are we?

SCSB79 Wrote:

-------------------------------------------------------

> what do you do MrBen?


I run a chain of curry houses on Lordship Lane from a head office in the square mile. All with different names but the foods exactly the same = nice economy of scale = winner.

  • 2 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • Well according to a newspaper article, Gail’s is opening 10 shops in London,,, yup Dulwich is named 10/5 I seem to recall with others in London opening at 7 am…!, Guess that is to capture workers coming off all night shift. Offering free mince pies until they run out.. So very sad to hear about Romeo Jones… been a customer since the opening, any idea where Patrick has gone or details… please pm me.    What is going to be in its place…. Will be around in Jan…umm village is changing….
    • interesting the police said "the car was in demand at the moment" what make/model is that?
    • Just be careful to know exactly what they cover and the limits. i use Many Pets and Medivet, as I think one of the vets is exceptionally good. Some of the NHV are, but I’ve had a couple I’ve not liked at all.  I need consistency and to feel that they actually care more about the animals than the money.  
    • I haven't used them myself but I noticed recently that "Snoots" in Forest Hill is going unlimited primary care for £33/month, so basically a subscription. Easy access on the 176 from East Dulwich. I have no idea what it includes so read the contract! It's a chain but only 5 branches so not a mega corporate. 🤷‍♂️ https://www.snootsvet.com/find-us
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...